U.S economic policies

Definition

U.S. economic policies refer to the strategies and actions implemented by the government to manage and regulate various aspects of the economy, including fiscal policy (taxation and spending) and monetary policy (control over money supply).

Related terms

Keynesian economics: An economic theory that advocates for government intervention through increased spending during times of recession or depression.

Free market capitalism: An economic system characterized by private ownership, competition, minimal government interference, and voluntary exchange.

Trade policy: Policies set by governments regarding imports, exports, tariffs, quotas, and other factors affecting international trade.